Genpact Partners With Calypso To Provide Software For Capital Markets

Genpact Limited, a global business process management and technology services provider, has announced that it has signed a master partnership agreement with Calypso Technology, Inc., the global capital markets software platform provider.

Under the terms of the agreement, Genpact’s Enterprise Applications Services (EAS) group will be able to provide a range of support services including implementations and upgrades for the Calypso Trading and Risk Management application software suite utilised by major financial institutions globally. Genpact and Calypso Technology will help capital markets clients increase the efficiency in their trading and risk management operations, including helping to reduce their total cost of ownership (TCO) and implementation and upgrade cycle times, as well as efficiently manage ongoing maintenance and support requirements.

“As global business and services partners, we are combining Calypso’s leading capital markets technology platform and Genpact’s strong global capital markets domain and managed services competency, which will help our clients increase the effectiveness of their key trading and risk operations,” said Sandeep Sahai, Senior Vice President, IT Solutions and Capital Markets, Genpact. “With financial institutions needing to watch costs while ensuring that the technology supporting their trading and risk processes is running at optimal levels, this relationship will allow them to save money and time on technology resources so that they can focus on their core business.”

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The Genpact team, with its extensive IT consulting experience in capital markets, will work closely with Calypso Professional Services on a joint go-to-market strategy for consulting and implementation engagements. Genpact will also collaborate with Calypso’s product teams for training and comprehensive understanding of future product strategy.

“An important component of Calypso’s value proposition is to contain costs for our clients while still maintaining quality. Our relationship with Genpact allows us to provide capital markets clients with additional options for faster, more efficient and lower cost services around Calypso products, while delivering a consistently high level of service quality,” said Pieter Hamman, Vice President, Business Development, responsible for Partners and Alliances at Calypso Technology.